Fragile Mandates and Rising Yields

Published on September 15, 2025

A key theme dominating global financial markets in recent weeks has been the general upward pressure on sovereign bond yields, particularly at the long end of government bond market curves.

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There Is an Eighth Member of the FOMC and His Name is Mr. Market

September 15, 2025
It is certainly possible for the Federal Reserve, as the biggest player on the block, to lower money market rates over the course of the next few meetings. However, if it turns out to have been orchestrated out of political expediency rather than as stimulation for a weak economy, inflation will result. We saw a similar movie in August 1971.

Macro Matters:U.S. Rate Cuts Coming—How Many and How Much?

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